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Ashley reneges on terms he promised Moat.

According to an article posted on The Telegraph's site late last night, Mike Ashley has turned down Barry Moat's latest £80m bid for Newcastle United even though he'd previously said he'd accept the bid on the terms specified. What the article says is that whilst Ashley had previously rejected Moat's offer to take £40m down and [.

Read the full article at Newcastle United Blog.

Newcastle United Blog @ Oct 27, 2009 2:40 AM EST | Blog Profile

Newcastle United Mike Ashley telegraph nufc NUFC gossip & speculation NUFC sale saga Hugh de Payen Barry Moat Moat

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